Soft Landing Tech Trap, Under the R(AI)dar, and 3 Big Bellwethers 7/31/23
The Exchange
00:00
The Economic Impact of Higher Rates on SOFI
SOFI is one of the few Fintechs that is actually a bank. They got a bank charter by acquiring a smaller regional bank. The economics for SOFI tend to be a lot better, and it's one of the reasons they can compete on higher rates. It's too soon to tell likely if it'll start dragging, but, you know, going forward.
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